ConvaTec Group PLC (OTCMKTS:CNVVY) Sees Large Growth in Short Interest

ConvaTec Group PLC (OTCMKTS:CNVVY) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 6,100 shares, a growth of 369.2% from the November 15th total of 1,300 shares. Based on an average daily volume of 25,300 shares, the short-interest ratio is presently 0.2 days.

ConvaTec Group Stock Performance

CNVVY traded up $0.06 during trading hours on Friday, hitting $12.05. 17,617 shares of the company’s stock were exchanged, compared to its average volume of 23,369. The stock’s 50-day moving average is $11.81 and its two-hundred day moving average is $12.20. ConvaTec Group has a 1-year low of $10.88 and a 1-year high of $15.40.

ConvaTec Group Company Profile

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.